
When you close your eyes forever, you probably won’t be able to take any of whatever you earned or owed to wherever you go next. It basically comedown to two main scenarios in terms of cash management. You have enough money to spend or you don’t have enough money to spend. Whether any of that money “belongs” to you is basically irreverent from a life management standpoint. Put it this way, every second you are alive you will likely be incurring some type of cost one way or another that means you need cash inflows to offset you cash outflows. Western-aligned people frequently demonize credit cards because they are not disciplined with their money but not realizing in much of the world not only do they not have what essentially amounts to interest-free, short-term financing such as the function performed by credit cards, they also don’t have property rights or even the concept of private property ownership and protections. Please don’t get me started on the lack of any social welfare or safety nets whatsoever less a 401(K) program investing into a financial system that has over 200 years of history and has been growing about 10% plus every year. Yes, I know the difference between APR, APY, compound interest and whatever. In short, when there are safety nets like personal bankruptcy which much of the world are not civilized enough to have, people won’t be locked up in debtor’s prison, disappear suddenly or if they wake up they won’t find out they are missing organ(s) or something. Whatever your definition of an evil corporation or the cancel culture is, you probably haven’t travelled well enough to understand what true evil is. Credit cards are also streamlined enough for you to progress through levels of social trust worthiness.
Social credits on the other hand probably will not. Even if you only AAFRL and not WAFRL, the American system allows everyone the opportunity to become trillionaires or whatever they want to be. Truthfully, saving alone is not the answer to living a good life. If all you do is deferring enjoyment of your youth so you can enjoy resources when you are at an age that diminishes your maximum enjoyment, what kind of living standards are we talking about here. You have to find a balance between securing a future and enjoying life to the maximum. A lot of the time this seems to be mental than physically but in reality, it’s both. If you don’t have FU money to say FU to anyone who wants to FU contrary to your best interests, you will be overcome with pressure and your desperation probably will make your situation worse. The way I like to think about this is, calculate how much FU capital you have. The goal is never about being the most liked person, in fact, I think the methodology should be based on calculating the probability of milking the hate resources by being as selfish and getting away with it. This is basically the whole scheme with insurance and reinsurance risk calculations from an actuarial standpoint. There are literally thousands of US publicly-traded companies, around ten thousand publicly-traded companies in the world and over one thousand granular/detailed level industries. In a work-life of maybe 50 years, there is probably no way in whatever world one could possibly work in every one of these companies and/or industries.
I live in America which means I have the rights to exercise reasonable free speech as permitted by the law. All posted content(s) on this website are my opinions only which means they should not be taken as advice of any kind. I am a non-celebrity, non-public figure posting anonymously for my own entertainment on a website that is not affiliated with any individual(s), organization(s) and/or any entity/entities.
Why credit cards are mostly great, cash rewards are somewhat good and rewards points are mostly terrible.

We are just talking about publicly-listed companies here. We are literally talking about hundreds of millions of companies when inclusive of non-publicly listed companies. Thinking like a capitalist, I would argue it’s the government and the biggest single beneficiaries from the system being functional’s job to ensure high morality and performance of social responsibilities. Why are we pretending NBA players don’t deserve millions and be seen as divinity for their god blessed natural gifts? Why are we pretending Ivy Leaguers are not blessed with whatever gifts depending on how they got their offer letters and how they graduated? Why are we pretending there aren’t tension, disgruntlement, unhappiness (due to social contract I can’t use a much stronger word) and begrudgement towards certain groups of people, certain people and certain entities? However the aggression is released in a legally permissible way be it through microaggressions, passive aggressions, “tears of special empowerment”, “be an ally” or whatever way, that may be an individual choice. Yes, all actions may result in some type of reaction, hence load balancing such anger from one place to another without creating or destroying it may be the temporary bubble relief that hold the system together. I think the beef between the top ten-ers and non-top ten-era are forever beefs that likely will never end because of limited resources that prompts all kinds of vices like a huge ego. Frankly speaking, every single freedom that Americans have that other people don’t have are due to Americans’ strong yearning for freedom and generations of Americans fighting for their freedom even when it’s too difficult to do so. Many people who don’t have such freedoms know about this yet they still want to cry about their own cowardice and unwillingness to sacrifice. Hence one of the biggest forever beefs between different people and entities based on meritocracy and the freedom to transfer meritocratic passthroughs to offsprings and family members which typically exist in naturally in nature through evolution.
At the end of the day, if you qualify for social security and has some kind of 401(k), it’s probably enough for a crutch of FU money for you to protect your rights. If you just keep $10K in a 401(k) in your twenties, you will probably have $500K to $1 million by the time your retire on top of the social security money that has a COLA adjustment protection against inflation plus some cash in the bank and potentially some other assets. There may probably statistics out there regarding the correlation between working for a longer period of time and life expectancy. I digress. Do whatever you legally are permissible to do while enjoying whatever you can enjoy while you still can enjoy it on a balanced basis may be the best way to live one’s life. Whatever your opinions on reincarnation, legacy, spoiling your potentially undeserving offsprings/family members or giving it all back to the state, that’s your opinions. Let’s be honest, you are losing something every second when you lose every second when you are alive. Credit cards are not inherently evil, they are actually godsend under an economic model that protects personal property rights and human dignity. I think picking the right credit card(s) is all about utility and scalability, not necessarily about cost but more about value. The phone that much of the American population uses may or may not be the cheapest from an overall price standpoint, however, if you are able to compare feature for feature/hardware and software against competitors you will probably understand that the scale probably made a huge difference in terms of offering the best possible products within a certain price point that most people can accept. Ecosystem, reliability, residual value and the trust to only needing one at a time may also be selling points.
Significant cash rewards are pretty good if from certain two big credit cards organizations that are accepted by all not just by some hence likely limiting your choices. Though there may be a difference in tax treatment between spending-related cash/points rewards and other forms of cash/points rewards. I just think the more you spend the more you save is kind of logically flawed though if you are going to spend money on something anyway might as well get cash reward for it if possible and make overall sense. The issues with rewards points are not necessarily inherently embedded in its value proposition but it’s more about degrees of freedom and opportunity cost. It’s also an oxymoron to think the people who would really care about international traveling and lifestyle are not at least moderately bourgeois making decent money but are relatively time poor hence will probably be affected more by blackout dates than the people who are not worried about this type of lifestyle. These bourgeois are also frequently too mentally exhausted to be thinking about the best utilization of their points. They often have higher opportunity cost than the non-bourgeois level people.












































































































































































